Zip lookup · IL

60124
Elgin, Illinois.

Elgin, Kane County, IL · Chicago-Naperville-Elgin, IL-IN-WI metro · population 24,487

What it costs per month · 60124 $2,682/mo

to buy the typical home at today's mortgage rate — +$1,485 (+124%) since Jan 2020.

What the home itself did
1 year
Up $22,258 +5%
$488,752$511,010 since Sep 2025
5 years
Up $130,276 +34%
$380,734$511,010 since Sep 2021

Monthly payment to buy the typical home

Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.

$500 $1,000 $1,500 $2,000 $2,500 2002 2006 2010 2014 2018 2022 2026 60124 $2,682 United States $1,922
$500 $1,000 $1,500 $2,000 $2,500 2002 2010 2018 2026
  • 60124$2,682
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 12 years.

Typical home values in zip 60124 rose 4.6% over the past year — faster than the nation's +1.2%.

Zillow also publishes an index for the city itself: Elgin, IL — measured over the city limits, which is a different area from this zip.

Asking rent $2,319 as of Sep 2026
Typical home value $511,010 as of Sep 2026
+4.6%year on year

Asking rent — 60124

Against the Chicago-Naperville-Elgin, IL-IN-WI metro and the national benchmark.

$1,900 $2,000 $2,100 $2,200 $2,300 2026 60124 $2,319 Chicago $2,163 United States $1,932
$1,900 $2,000 $2,100 $2,200 $2,300 2026
  • 60124$2,319
  • Chicago$2,163
  • United States$1,932

Typical home value — 60124

Mid-tier homes, smoothed and seasonally adjusted.

$300,000 $400,000 $500,000 2018 2020 2022 2024 2026 60124 $511,010 Chicago $355,650 United States $366,157
$300,000 $400,000 $500,000 2018 2022 2026
  • 60124$511,010
  • Chicago$355,650
  • United States$366,157

Within 20 miles

Showing 30 of 56 zips in range — sorting picks from all 56.

10 mi 20 mi 50 mi
Miles Zip City Population Rent Home value
4.5 60123 Elgin 48,379 $1,598 $314,550
5.1 60177 South Elgin 24,416 $2,392 $376,684
5.5 60175 Saint Charles 25,553 — $647,129
5.5 60136 Gilberts 8,777 — $418,068
6.8 60140 Hampshire 22,689 $2,407 $397,475
7.3 60118 Dundee 15,892 $2,419 $419,336
8.2 60120 Elgin 51,225 $1,730 $304,726
8.5 60174 Saint Charles 31,402 $1,952 $437,511
8.6 60109 Burlington 481 — $328,969
8.7 60110 Carpentersville 38,558 $2,297 $294,633
9.0 60184 Wayne 2,557 — $801,518
10.4 60103 Bartlett 41,382 $2,336 $436,133
10.5 60102 Algonquin 32,286 $2,370 $415,406
10.6 60142 Huntley 29,692 $2,550 $428,019
10.6 60134 Geneva 29,743 $2,002 $551,014
11.2 60107 Streamwood 38,886 $2,471 $332,308
11.5 60151 Maple Park 3,888 — $410,377
11.7 60156 Lake In The Hills 28,800 $2,184 $377,901
12.1 60119 Elburn 11,381 $3,275 $478,223
12.2 60192 Hoffman Estates 16,461 — $506,830
13.1 60185 West Chicago 33,703 $2,495 $391,223
13.4 60510 Batavia 29,038 $1,774 $464,160
13.5 60133 Hanover Park 36,732 $2,419 $333,281
14.2 60178 Sycamore 22,224 $1,811 $316,969
14.5 60169 Hoffman Estates 33,401 $2,013 $348,556
14.6 60014 Crystal Lake 48,590 $1,963 $368,086
14.7 60194 Schaumburg 19,756 $2,367 $332,592
14.7 60010 Barrington 45,747 $3,125 $732,042
14.9 60021 Fox River Grove 4,996 $2,100 $362,104
15.0 60180 Union 1,831 — $432,848

Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.